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economy, obviously. you might have climate change. >> right. >> the foreign policy, the restructuring if you like of america's place in the world, taking on where barack obama has taken it so far. very interesting. perhaps leading from the back as he said in certain cases rather than from the front. i think the days of america having to be the global policeman should be over. what else do you see as priorities? >> immigration reform. the president feels strongly about we'll tackle this year. everyone out there understands our system is broken. and we need some fundamental restructuring of it. right thing to do. there's common sense agreement out in the states on how to do it. people putting politics aside. i think you will see the president in the second term work passionately across party lines on education to make the k-12 system the best in the world like the university system is. you hit the biggest one, that's the economy. we have to continue to take the steps -- >> does everything flow from the eco
economy, obviously. you might have climate change. >> right. >> the foreign policy, the restructuring if you like of america's place in the world, taking on where barack obama has taken it so far. very interesting. perhaps leading from the back as he said in certain cases rather than from the front. i think the days of america having to be the global policeman should be over. what else do you see as priorities? >> immigration reform. the president feels strongly about we'll...
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our economy was in shambles. i watched him make a series of decisions very quickly to stand up to financial industry, the recovery act, to intervene on the auto industry. not any one of them was popular. he knew it was what we had to do to right the country. it is worth noting how far we've come. we're in a different place than we were four years ago. >> the last election he hadn't made any mistakes. now you've won that second term. you can be a little more honest about where he could have gone further and didn't or where he regrets not going further. >> i'm going to point to his own words. he believes he could have done a better job communicating with the american people. we've been talking about what we were dealing with. the financial crisis, the economic crisis, building a new administration. we had our hands full. i think frying ing trying to g that done and take the emergency steps to sure up our banks, some things were lost in there including communicating with the american people but why we were taking th
our economy was in shambles. i watched him make a series of decisions very quickly to stand up to financial industry, the recovery act, to intervene on the auto industry. not any one of them was popular. he knew it was what we had to do to right the country. it is worth noting how far we've come. we're in a different place than we were four years ago. >> the last election he hadn't made any mistakes. now you've won that second term. you can be a little more honest about where he could...
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the economy's getting a little bit better. the wars are winding down so he does have a shot but most important thing to say is i think he's found his game. >> if you look at president's popularity, his is low. >> one of the lowest in past 20, 30 years but the numbers moving in the right direction. i think he's found his rhythm, found a way to actually play the game in this town. i think he may have a better second term than the first. >> margaret -- >> be careful, my friend. >> is the country more divided than been for other second term presidents? >> the temptation is to say, yes. we are listening to civil right activists saying the country is not as polarized and keep it in perspective but i think everybody has been saying to the president, in terms of legislateively, strike while the iron is hot. traditionally for all presidents, right now. it is the first year of their second term. remember, we had six-year itch. getting to finally the third cycle, 2014, you know, generally the minority -- the house of republicans expectin
the economy's getting a little bit better. the wars are winding down so he does have a shot but most important thing to say is i think he's found his game. >> if you look at president's popularity, his is low. >> one of the lowest in past 20, 30 years but the numbers moving in the right direction. i think he's found his rhythm, found a way to actually play the game in this town. i think he may have a better second term than the first. >> margaret -- >> be careful, my...
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and we're going to put this nation's economy on a sustainable path to the future. ladies and gentlemen, it's my great honor to introduce you to a magnificent, a truly magnificent first lady, michelle obama and the guy she hangs out with, my friend, president barack obama! [ applause ] hey! hey. i thought you weren't coming out. >> we were -- >> i thought you weren't coming. i thought you changed your mind. >> hi, everybody. excuse our tardiness. but you know what? when stevie wonder has a few words to say to you, you don't rush stevie wonder. so pardon our delay. but thank you, thanks so much, jill. thank you for that kind introduction. but more importantly, thank you for your leadership and service. [ applause ] i love jill biden! i love jill a little bit more. but i want to thank you both, you know, for making this journey so much more fun. >> yes, that's right. >> our families have bonded and this is just been a phenomenal four years. and i'm ready to do four more with both of you. >> four more. >> four more. >> four more. >> and most of all, i want to thank all
and we're going to put this nation's economy on a sustainable path to the future. ladies and gentlemen, it's my great honor to introduce you to a magnificent, a truly magnificent first lady, michelle obama and the guy she hangs out with, my friend, president barack obama! [ applause ] hey! hey. i thought you weren't coming out. >> we were -- >> i thought you weren't coming. i thought you changed your mind. >> hi, everybody. excuse our tardiness. but you know what? when stevie...
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and we're going to put this nation's economy on a sustainable path to the future. ladies and gentlemen, it's my great honor to introduce you to a magnificent, a truly magnificent first lady, michelle obama and the guy she hangs out with, my friend, president barack obama! [ applause ] hey! hey. i thought you weren't coming out. >> we were -- >> i thought you weren't coming. i thought you changed your mind. >> hi, everybody. excuse our tardiness. but you know what? when stevie wonder has a few words to say to you, you don't rush stevie wonder. so pardon our delay. but thank you, thanks so much, jill. thank you for that kind introduction. but more importantly, thank you for your leadership and service. [ applause ] i love jill biden! i love jill a little bit more. but i want to thank you both, you know, for making this journey so much more fun. >> yes, that's right. >> our families have bonded and this is just been a phenomenal four years. and i'm ready to do four more with both of you. >> four more. >> four more. >> four more. >> and most of all, i want to thank all
and we're going to put this nation's economy on a sustainable path to the future. ladies and gentlemen, it's my great honor to introduce you to a magnificent, a truly magnificent first lady, michelle obama and the guy she hangs out with, my friend, president barack obama! [ applause ] hey! hey. i thought you weren't coming out. >> we were -- >> i thought you weren't coming. i thought you changed your mind. >> hi, everybody. excuse our tardiness. but you know what? when stevie...
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the world is unraveling in front of us, the economy still in tough shape. president obama has a tough hand of cards to play here. >> congress is as popular as a root canal. only 7% of the american people have approvehood of congress. i think this president is going to get off to a great start tomorrow. congratulations, barack obama, the people are very excited to be here in washington, d.c. >> congratulations. on that we agree. >> the picture of diversity up here now. let's talk about diversity. the president has got an a lot of criticism for his senior cabinet picks, right? appears to be all white men here, senior adviser, valerie jarrett, an african-american woman, said this to cnn earlier today. let's take a listen. >> his cabinet, when he is finished, and he is far from finished, will have diversity, including women, including people of color. he believes makes his best decisions when he is surrounded by people who have different perspectives and give him their best ideas. and so, one picture does not speak 1,000 words in this instance. i spent a lot of
the world is unraveling in front of us, the economy still in tough shape. president obama has a tough hand of cards to play here. >> congress is as popular as a root canal. only 7% of the american people have approvehood of congress. i think this president is going to get off to a great start tomorrow. congratulations, barack obama, the people are very excited to be here in washington, d.c. >> congratulations. on that we agree. >> the picture of diversity up here now. let's...
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but egypt's economy is on the ropes. across the region, political storm clouds ar gathering as iran, israel and eight arab countries hold crucial elections this year. >> in every one of them, a new form of right, far, far right is emerging as to change the balance of power. >> reporter: in his first term, barack obama said he was making the middle east peace process a priority, but middle east expert aaron david miller says don't get your hopes up for this term. >> the fact is if you -- if the administration tried to put mahmoud abbas and benjamin netanyahu down together, right now, or in february, at the negotiating table, the gaps between them are so large that they simply cannot be bridged and the u.s., yet again, will be revealed as an emperor without clothes. >> and when we come back, we'll talk to chris lawrence from the pentagon, get new information here about this hostage situation in algeria. this is this north african country where we're now hearing, confirmed by the state department, 40 hostages, being called
but egypt's economy is on the ropes. across the region, political storm clouds ar gathering as iran, israel and eight arab countries hold crucial elections this year. >> in every one of them, a new form of right, far, far right is emerging as to change the balance of power. >> reporter: in his first term, barack obama said he was making the middle east peace process a priority, but middle east expert aaron david miller says don't get your hopes up for this term. >> the fact is...
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our economy is teetering. what would happen if our economy collapsed? who is to say what would happen? look at l.a. riots. look at everything that happened like you said -- things happen in this world. >> reality check. we're not -- >> this is reality check. >> we're not back in the 18th century. right? george iii is dead. and let me explain one other thing to you. if your government does turn tyrannical they have 5,000 nuclear warheads at their disposal to come after you and your guns. so let's wake up and smell the coffee. >> you know, if they want to drop a nuclear bomb in tennessee -- >> let me bring in james fox. james fox, you want to jump in. >> that's just ludicrous. >> we seem to be focusing too much just on ar-15s and assault weapons. actually, a small percentage of homicides are committed with assault weapons. >> wait, wait, wait. let me respond to that. because the reason that i've been focused on that, in particular, i'm aware it's a small percentage of the killings in america. but the last four mass shootings in america, aurora, the oregon
our economy is teetering. what would happen if our economy collapsed? who is to say what would happen? look at l.a. riots. look at everything that happened like you said -- things happen in this world. >> reality check. we're not -- >> this is reality check. >> we're not back in the 18th century. right? george iii is dead. and let me explain one other thing to you. if your government does turn tyrannical they have 5,000 nuclear warheads at their disposal to come after you and...
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above all, a still weak economy. he faces a world in flux and in crisis from iran and syria to north korea and china. perhaps most visibly, he faces a domestic political deadlock that seems to overshadow all else. with this hand what can he do? what will he do? i've asked for advice from the states men and women who have stood beside presidents as they have made their most difficult decisions, from republicans like james baker -- >> we didn't have a dollar, a de facto reserve currency in the world, we would be greece. >> robert rubin. >> in a democracy you can only move forward if both sides are willing to come together to govern. >> and independents like michael bloomberg. >> when you have jobs that we need to get done but americans won't take, letting the crops rot or letting the farms move south of the border is just insanity. >> at the end i'll write my own memo to the president. let's get started. >>> while most of the world was ringing in the new year with revelrie, the united states congress rang it in with an
above all, a still weak economy. he faces a world in flux and in crisis from iran and syria to north korea and china. perhaps most visibly, he faces a domestic political deadlock that seems to overshadow all else. with this hand what can he do? what will he do? i've asked for advice from the states men and women who have stood beside presidents as they have made their most difficult decisions, from republicans like james baker -- >> we didn't have a dollar, a de facto reserve currency in...
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and that's where they have to work together to turn the economy around. because that's of course what is going to be -- >> even if he decided not to run, he would keep that a secret as long as he could. because that's his leverage, isn't it, david gergen? we knew in the second term dick cheney was not going to run in the bush years and you saw he lost some foreign policy issuei. if the first year, he was dominant. and he was not as big a force in the republican party because people knew he was not going to be on the electoral battlefield. >> i think that's right, john. from his point of view, what he also -- he has to worry not only about whether hillary clinton's going to get in, not only about his own age and health, he has to worry about the overall success of this partnership. he has a very strong self-interest in seeing barack obama succeed. as you well know, after eight years of one party being in office, it's not easy to hold on to that office. and one of the things that helped to elect george h.w. bush at the end of reagan was reagan went out on a
and that's where they have to work together to turn the economy around. because that's of course what is going to be -- >> even if he decided not to run, he would keep that a secret as long as he could. because that's his leverage, isn't it, david gergen? we knew in the second term dick cheney was not going to run in the bush years and you saw he lost some foreign policy issuei. if the first year, he was dominant. and he was not as big a force in the republican party because people knew...
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fuel economy has been a good selling point in the corvette. >> final question, does winning these top honors help auto manufacturers sell these cars? >> you know, that's always a big question. the bottom line is yes, they do. they do help auto dealers. it is no guarantee. we have certain seen cars win these awards in the past and then just fail in the marketplace, just for whatever reason they didn't catch on with customers. it helps, but it's certainly not enough to do all about itself. >> peter from cnn money.com. thank you so much. >>> a talk back question for you, what's the best way to honor the newtown victims. you can face book me at facebook.com/carolcnn. >>> we want to take you to baltimore now, it is the johns hopkins summit on gun control. mayor michael bloomberg is speaking. >> including private sales at gun shows and online. these private sales now account for more than 40% of all gun sales nationally, which means that in 2012 alone, there were more than 6 million gun sales that happened with no background checks. many of those guns, being sold are handguns which are used
fuel economy has been a good selling point in the corvette. >> final question, does winning these top honors help auto manufacturers sell these cars? >> you know, that's always a big question. the bottom line is yes, they do. they do help auto dealers. it is no guarantee. we have certain seen cars win these awards in the past and then just fail in the marketplace, just for whatever reason they didn't catch on with customers. it helps, but it's certainly not enough to do all about...
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fits into the global economy right now, hit me up before i go or while i'm there. and tune in here saturdays as the 1:00 p.m. eastern, suns at 3:00. thanks for joining the conversation here on "your $$$$$" and have a fantastic $$$$$" and have a fantastic weekend. -- captions by vitac -- www.vitac.com >>> a beautiful day on the national mall. hello, everyone. it's 2:00 on the east coast. 11:00 a.m. out west. thank you for joining us. i'm kate bolduan. >> i'm john berman. great to see you here today. we are live in washington, d.c., covering a huge event for this city and a huge event for the entire country. president barack obama's second inauguration. >> you can just see the beautiful picture behind us. so much going on around the nation's capital this weekend. cnn you can be sure is covering it all. parades, concerts, and religious services all of it leading up to the big main event, president obama's inauguration ceremony coming up on monday highlights of that event, the swearing in, of course, and the inaugural speech. white house correspondent brianna keilar jo
fits into the global economy right now, hit me up before i go or while i'm there. and tune in here saturdays as the 1:00 p.m. eastern, suns at 3:00. thanks for joining the conversation here on "your $$$$$" and have a fantastic $$$$$" and have a fantastic weekend. -- captions by vitac -- www.vitac.com >>> a beautiful day on the national mall. hello, everyone. it's 2:00 on the east coast. 11:00 a.m. out west. thank you for joining us. i'm kate bolduan. >> i'm john...
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they think that would be very bad for the economy and for everyone in the economy. they worry about interest rates going up and they worry about the impact on our deficit. because when interest rates go up, that means the deficit will go up. so we make the problem worse by taking this route if we go down this pathway. >> i want to throw three terms at you that we've had to stomach out in america. debate over the fiscal cliff, the debate over the debt ceiling and the budget show dunn. all three of these very serious. but which is the most serious. >> the debt ceiling could do damage to our countries for decades to come if we hit it and don't expect the problem. this is the most dangerous thing. this is almost a nuclear option. this is really playing with very dangerous things. and one little mistake could be devastating to our country. >> and yet you still come on day after day and smile with me. thank you. always good to see you. >>> by the way, i just want to remind you if you're doing the math, the treasury says it might come up short in its payments as soon as fe
they think that would be very bad for the economy and for everyone in the economy. they worry about interest rates going up and they worry about the impact on our deficit. because when interest rates go up, that means the deficit will go up. so we make the problem worse by taking this route if we go down this pathway. >> i want to throw three terms at you that we've had to stomach out in america. debate over the fiscal cliff, the debate over the debt ceiling and the budget show dunn. all...
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the economy was struggling. and he did not give a speech that was designed to say, heal the nation's wounds and bring the nation together. he gave a surprisingly polarizing speech saying we have a ways to go. we have got a -- it's not about more for those who already have much. it's about helping those who have nothing. it was called the one-third of the nation speech, because he pointed out, look, we are not at the promised land, i see a nation that has a long way to go. do we quit now. i expect actually, look barack obama's main goal is to democratic house in two years. unless he does that, he will not legislatively anything that he wants. so, if that is -- we are going to see a test of that in this speech and we will see a test of that in the first few days of the administration. if the agenda is polarizing, then we see himming looking at 2015. >> van, do not go too far, when we come back, a rare look inside a place few people have ever seen before. an historic part of the u.s. capitol, stand by. ♪ [ male a
the economy was struggling. and he did not give a speech that was designed to say, heal the nation's wounds and bring the nation together. he gave a surprisingly polarizing speech saying we have a ways to go. we have got a -- it's not about more for those who already have much. it's about helping those who have nothing. it was called the one-third of the nation speech, because he pointed out, look, we are not at the promised land, i see a nation that has a long way to go. do we quit now. i...
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he can work on the economy and do something about gun violence. i don't think americans wanted to sit by. they want background checks. they want their children to be safe and keep their gun rights, too. all of that can be done with commonsense proposals, making sure people have their guns registered one way or the other. a lot of republican s and conservative democrats are standing in front of that because they want to make money with the gun industry instead of caring what the american people want. >> thank you so much for the interesting conversation. >>> is walmart's $50 billion pledge to build american-made products just bait and switch? some say it's a ploy to make you forget that the giant retailer also sells assault rifles. . uh, forgot jack's cereal. [ jack ] what's for breakfast? um... try the number one! yeah, this is pretty good. [ male announcer ] over a third of a day's fiber. fiber one. stress sweat is different than ordinary sweat. it smells worse. get 4x the protection against stress sweat. introducing new secret clinical strength
he can work on the economy and do something about gun violence. i don't think americans wanted to sit by. they want background checks. they want their children to be safe and keep their gun rights, too. all of that can be done with commonsense proposals, making sure people have their guns registered one way or the other. a lot of republican s and conservative democrats are standing in front of that because they want to make money with the gun industry instead of caring what the american people...
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he had the best economy in a generation, that was the time to get them durngs the lewinsky scandal came along. bush tried to do them, iraq war and then katrina. he couldn't get it done. will this president seize this moment and tries to do medicare and social security, his vice president say i want to run for president. >> he will be more successful because he's tougher. there's danger and frankly david gergen, wrote a great piece on cnn.com called obama 2.0, really goes through it. there are dangers but he's going to be more successful because he's tougher. i think republicans respect him more as a tougher negotiator. >> what about democrats? >> he's got problems. >> here's my question to you which is, you've gottlieb brawl it democrats and the fiscal test is going to be all of these issues coming up on how you cut spending, what you do to the military, mine all of this stuff coming up. if the president says, i want a grand bargain and we've got to cut medicare as part of a big deal, where -- is he going to say to his own party, sorry, guys? >> he will say that and i will say this, the
he had the best economy in a generation, that was the time to get them durngs the lewinsky scandal came along. bush tried to do them, iraq war and then katrina. he couldn't get it done. will this president seize this moment and tries to do medicare and social security, his vice president say i want to run for president. >> he will be more successful because he's tougher. there's danger and frankly david gergen, wrote a great piece on cnn.com called obama 2.0, really goes through it. there...
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we don't do that we will continue to have a low-growth economy with high unemployment. got to get our fiscal house in order. to me that is the biggest of all. >> havens, do you think, given the president any genuine sign they are willing to work with him? >> well, the decision to postpone a fight over the debt limit, that, of itself, was. they saved themselves from themselves, which i believe. but also a recognition the president has the upper hand on some things, can't fight him on everything. republicans need to be smarter. so, that was one sign right there, republicans are doing it. i also think if the senate can pass a birnlgt the house will have to act and then a real test of where the republicans are going to actually compromise at the end of the day. and i was at the republican retreat in williamsburg and i did an address to all house republicans and said your fight is not with john boehner, your fight is with james madison. he wrote this system this is the government we have. if you believe in the constitution, we have division of power. tough work within that t
we don't do that we will continue to have a low-growth economy with high unemployment. got to get our fiscal house in order. to me that is the biggest of all. >> havens, do you think, given the president any genuine sign they are willing to work with him? >> well, the decision to postpone a fight over the debt limit, that, of itself, was. they saved themselves from themselves, which i believe. but also a recognition the president has the upper hand on some things, can't fight him on...
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first saw the poll numbers that you just put up on the screen and i thought, well you know what the economy is still bad there's 7.8% unemployment, underemployment is also skyrocketing. then my husband had to go look at the cross caps. >> i hate it when i look at that. >> toad look at the science. toad read the numbers. you had a great point. you did discover something that is noteworthy. >> if you break it down, the real news here is the polarization. i mean, 76% of democrats thing thinks are going very well. only 28% of republicans. just another reminder of how drunk we are on partisanship. >> that partisanship or is it that democrats are glass half-full and republicans are glass half-empty? >> marg is a great very glass half-full republican. >> reagan was a sunny optimist you can the eternal optimist. >> he was. it does speak to how our partisanship fueled our perceptions, looking at the same data. >> let's talk about this thing about monarch, king conflict that many republicans say the president has. i want to get this quote. here's what republican senator rand paul says. he said, gop s
first saw the poll numbers that you just put up on the screen and i thought, well you know what the economy is still bad there's 7.8% unemployment, underemployment is also skyrocketing. then my husband had to go look at the cross caps. >> i hate it when i look at that. >> toad look at the science. toad read the numbers. you had a great point. you did discover something that is noteworthy. >> if you break it down, the real news here is the polarization. i mean, 76% of democrats...
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. >> well, it is four years later now, a battered economy and political extremism, even more so than it was at the time he gave that speech. how does he create a lasting vision of his own presidency? joining us, presidential historian richard norton smith. it does strike me this address is the beginning of the writing of history of the presidency of barack obama. everyone talks about how in the second term, presidents run for history. this is that first kind of draft, isn't it? >> some ways that's a dangerous concept. think about it, all of a sudden you're playing to the academic jury, that's the ultimate electorate, the people who will decide if you're a near great president or average president, you know, whether you're a teddy roosevelt or a chester arthur, and you probably shouldn't be playing to them more than any other particular interest group. i'm part of the jury. see, you only get to vote for president once are we get to vote over and over again. but presidents really, it seems to me, that's just one more interest group they should avoid tailoring their actions. >> we talk
. >> well, it is four years later now, a battered economy and political extremism, even more so than it was at the time he gave that speech. how does he create a lasting vision of his own presidency? joining us, presidential historian richard norton smith. it does strike me this address is the beginning of the writing of history of the presidency of barack obama. everyone talks about how in the second term, presidents run for history. this is that first kind of draft, isn't it? >>...
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. [ male announcer ] the exclusive air suspension in the 2013 ram 1500. ♪ engineered to move heaven and earth. ♪ guts. glory. ram. the new ram 1500. motor trend's 2013 truck of the year. >>> we've all had teachers who made a huge difference in our lives, but we don't always have the opportunity to say thank you. one school was able to do just that this weekend when they honored the woman they call granny. agnes is the home ec teacher in a school in new jersey. she's worked at the school for 17 years teaching the children how to cook and sew. the staff and students at the school adore her and affectionately refer to her as granny. the nickname comes from the fact granny is 95 years olds. for six decades, she worked at
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. [ male announcer ] the exclusive air suspension in the 2013 ram 1500. ♪ engineered to move heaven and earth. ♪ guts. glory. ram. the new ram 1500. motor...
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economy was a huge problem. of course, it hasn't yet resulted in higher interest rates. a lot of people might say, look, who cares? let's be complacent. let's not worry about another downgrade. who cares? do people get it, in washington, that's it's important? >> it almost seems to be an afterthought in all of the chest thumping and bargaining, no one is thinking about it because the short-term impact of a default would be extraordinary. maybe we shouldn't call this the debt ceiling at all. maybe we should change it the do downgrade ceiling because this game of chicken is sick. >> sometimes semantics can make all the difference. >> "outfront" next, a legendary hacker and activist commits suicide and his parents blame the government. >> and the lance armstrong apology tour has officially begun, but is he really coming clean. what he said and did not say today. we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money t
economy was a huge problem. of course, it hasn't yet resulted in higher interest rates. a lot of people might say, look, who cares? let's be complacent. let's not worry about another downgrade. who cares? do people get it, in washington, that's it's important? >> it almost seems to be an afterthought in all of the chest thumping and bargaining, no one is thinking about it because the short-term impact of a default would be extraordinary. maybe we shouldn't call this the debt ceiling at...
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economy was a huge problem. of course, it hasn't yet resulted in higher interest rates. a lot of people might say, look, who cares? let's be complacent. let's not worry about another downgrade. who cares? do people get it, in washington, that's it's important? >> it almost seems to be an afterthought in all of the chest thumping and bargaining, no one is thinking about it because the short-term impact of a default would be extraordinary. maybe we shouldn't call this the debt ceiling at all. maybe we should change it the downgrade ceiling because this game of chicken is sick. >> sometimes semantics can make all the difference. >>> breaking news. "usa today" is reporting that lance armstrong has confessed to using performance enhancing drugs. i am looking at just rapped with lance armstrong, 2 1/2 hours. he came ready. what he did tell her? >> he confessed to doping in his cycling career. the interview just wrapped. and there is a confidentiality agreement about the show. it won't air until thursday. the plan all along was to use the venue to confess. make an admission abo
economy was a huge problem. of course, it hasn't yet resulted in higher interest rates. a lot of people might say, look, who cares? let's be complacent. let's not worry about another downgrade. who cares? do people get it, in washington, that's it's important? >> it almost seems to be an afterthought in all of the chest thumping and bargaining, no one is thinking about it because the short-term impact of a default would be extraordinary. maybe we shouldn't call this the debt ceiling at...
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but they will not collect a ransom in exchange for not crashing the american economy. >> also, need to tell you the president did speak about his gun violence effort. he's had the package put together by the vice president is on his desk today. and he will talk about it a little later on this week. want to bring in two people here, ali velshi with me from new york, and gloria borger there in our nation's capital, to you both welcome. ali, it has been more than a year since that whole previous debt limit debacle. and i know you are saying, especially comparing this to what we just saw on new year's day with the fiscal cliff, this is going to be much, much worse, much bigger deal. talk to me about what we're debating or as the president puts it not debating? >> what we're debating or not debating is the idea that the debt ceiling in the united states is a very unusual tool, only one other country has it. and it is because what used to happen is whenever the government needed to spend money, particularly when you're in a deficit, the treasury of the united states would ha
but they will not collect a ransom in exchange for not crashing the american economy. >> also, need to tell you the president did speak about his gun violence effort. he's had the package put together by the vice president is on his desk today. and he will talk about it a little later on this week. want to bring in two people here, ali velshi with me from new york, and gloria borger there in our nation's capital, to you both welcome. ali, it has been more than a year since that whole...
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. aww man. [ male announcer ] returns are easy with free pickup from the u.s. postal service. we'll even drop off boxes if you need them. visit usps.com pay, print, and have it picked up for free. any time of year. ♪ nice sweater. thank you. ♪ thank you. i've always had to keep my eye on her... but, i didn't always watch out for myself. with so much noise about health care... i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile. not random statistics. they even reward me for addressing my health risks. so i'm doing fine... but she's still going to give me a heart attack. we're more than 78,000 people looking out for more than 70 million americans. that's health in n
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. aww man. [ male announcer ] returns are easy with free pickup from the u.s. postal service. we'll even drop off boxes if you need them. visit usps.com pay,...
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and it begins to discolor and distort your very economy. sadly enough, that's where we're headed. >> do you all agree that the extremes on both parties, the right and left, are actually the ones who run the congress right now? start with you, senator. >> there's quite a bit of extremism. i don't need to tell you that, joe. there's very few of us left in the middle. the so-called middle, if you will, has been sh ink aring, shrinking and shrinking. let's talk about follow the money. a lot of the people are on the far left or far right of the extremes of both ends. that's where people get all excited, get involved. either directly or their resources, their money behind in what they believe in. sometimes it draws them further apart. tom brokaw basically says that 75% of all of our congressional districts are bulletproof. so if you're there, and you've already established yourself, whether you're on the right or left, you're pretty well solid. so you only have to play to a certain core. and that's not healthy. and so a lot of changes need to be
and it begins to discolor and distort your very economy. sadly enough, that's where we're headed. >> do you all agree that the extremes on both parties, the right and left, are actually the ones who run the congress right now? start with you, senator. >> there's quite a bit of extremism. i don't need to tell you that, joe. there's very few of us left in the middle. the so-called middle, if you will, has been sh ink aring, shrinking and shrinking. let's talk about follow the money. a...
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economy. >> where is the tipping point? i don't know where it is, but when it comes, going to be so swift and so savage. >> reporter: obama's plan proposes $360 billion in cuts to medicaid, medicare and other health programs over the next decade. but because costs in those programs are rising fast, the debt would be $6.4 trillion higher in 10 years. the president's budget also proposes cuts to discretionary and mandatory spending that would save $737 billion over a decade. military spending would be reduced, saving $487 billion. the fiscal cliff bill that congress passed on new year's day would also reduce projected deficits somewhat. higher taxes on households making above $450,000 and other tax increases will raise an additional $600 billion in revenue by 2022. but that's not enough. and as democrats and republicans gear up over the next few months to debate spending cuts, debt limits and the federal budget, there still is not a credible plan out there that puts a serious dent in the debt. but douglas durst still holds ou
economy. >> where is the tipping point? i don't know where it is, but when it comes, going to be so swift and so savage. >> reporter: obama's plan proposes $360 billion in cuts to medicaid, medicare and other health programs over the next decade. but because costs in those programs are rising fast, the debt would be $6.4 trillion higher in 10 years. the president's budget also proposes cuts to discretionary and mandatory spending that would save $737 billion over a decade. military...
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echoes of fdr, a fighting president who also had a long-term stagnant economy. this was a guy who is ready to go to combat, and he said, look, you both were great but i now need your voices. >> alex brings up history. let's check with h.w. brands. he's a professor and author from the university of texas. i'm curious about your viewpoint on this speech from a historical perspective. >> a couple things. i was struck by the fairly combative tone the president took. it's really clear he's not backing down from the fact that he won the election, so he's going to govern because he won. he and the other people in office took the oath to god and his country. he tried to reach over the heads of his opposition by repeatedly calling to the people. fellow citizens, fellow citizens, we need to do this. i think perhaps the most important part of the speech is one that's gone comparatively unremarked so far, and that is his review to his predecessors for what he called his declaration of war and his belief that the united states does not have to seek a policy of perpetual war,
echoes of fdr, a fighting president who also had a long-term stagnant economy. this was a guy who is ready to go to combat, and he said, look, you both were great but i now need your voices. >> alex brings up history. let's check with h.w. brands. he's a professor and author from the university of texas. i'm curious about your viewpoint on this speech from a historical perspective. >> a couple things. i was struck by the fairly combative tone the president took. it's really clear...
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the 2013 ram 1500 with best-in-class fuel economy. engineered to move heaven and earth. guts. glory. ram. the new ram 1500. motor trend's 2013 truck of the year. >> welcome back. we're coming to you this morning live from newtown, connecticut. today marks one month since the tragic shootings that took so many young lives and so many lives overall. vice president joe biden is going to be meeting with the house of representatives, and finalize the recommendations that he'll give based on meetings that he has had with his gun task force and groups across the country. he is expected to recommend a couple of things. universal background checks and limiting high capacity magazines as well as encouraging more research into links between violent media and gun violence. >> first of all, it's sobering to be in this place here at this time. i just want to say that. i think the president is going to be more aggressive here in his second term on this. i mean, gun control is an issue that divides the country very closely. i think almost exactly in half. the reality is that the half of the c
the 2013 ram 1500 with best-in-class fuel economy. engineered to move heaven and earth. guts. glory. ram. the new ram 1500. motor trend's 2013 truck of the year. >> welcome back. we're coming to you this morning live from newtown, connecticut. today marks one month since the tragic shootings that took so many young lives and so many lives overall. vice president joe biden is going to be meeting with the house of representatives, and finalize the recommendations that he'll give based on...
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the 2013 ram 1500 with best-in-class fuel economy. engineered to move heaven and earth. guts. glory. ram. the new ram 1500. motor trend's 2013 truck of the year. are you flo? yes. is this the thing you gave my husband? well, yeah, yes. the "name your price" tool. you tell us the price you want to pay, and we give you a range of options to choose from. careful, though -- that kind of power can go to your head. that explains a lot. yo, buddy! i got this. gimme one, gimme one, gimme one! the power of the "name your price" tool. only from progressive. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choose any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ male announcer ] just like you, business pro. just like you. go national. go like a pro. >>> welcome, everybody. today, president obama unveils his plan to curb gun violence in america. the issue debated all across the country
the 2013 ram 1500 with best-in-class fuel economy. engineered to move heaven and earth. guts. glory. ram. the new ram 1500. motor trend's 2013 truck of the year. are you flo? yes. is this the thing you gave my husband? well, yeah, yes. the "name your price" tool. you tell us the price you want to pay, and we give you a range of options to choose from. careful, though -- that kind of power can go to your head. that explains a lot. yo, buddy! i got this. gimme one, gimme one, gimme one!...
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how do we move forward and talk about building this economy up bottom up instead of artificially from washington? that's what republicans are talking about. i think you're going to see a very different generation of republican in two years. >> guys, stand -- quickly? >> i was going to say, i wonder when they had that seminar for women whether they talked about not having washington make decisions for them. that would be a step forward for the republican party. >> it's something to talk about and i think they had that one in the ward cleaver room. >> already. stand by for a moment. a moment you've all been waiting for, alec castelannaos is going to do what david axelrod did. take a look at that mustache. that mustache that he's had for, what, 41 years -- that beautiful mustache is about to go but for a very good cause. stand by. push-ups or sprints? what's wrong with fetch? or chase? let's do this larry! ooh, i got it, i got it! (narrator) the calorie-smart nutrition in beneful healthy weight... includes grains and real chicken, because a healthy dog is a playful dog. beneful healthy w
how do we move forward and talk about building this economy up bottom up instead of artificially from washington? that's what republicans are talking about. i think you're going to see a very different generation of republican in two years. >> guys, stand -- quickly? >> i was going to say, i wonder when they had that seminar for women whether they talked about not having washington make decisions for them. that would be a step forward for the republican party. >> it's...
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and -- but the economy, we've had a tough four years. and she's known for wearing her fashions over and over again. i wonder whether she'll make a fashion statement and wear a dress she's already worn. >> now that would be a big statement because she certainly hasn't been afraid to do that before. >> exactly. >> let me ask you about something from back from 2008. she wore this lemongrass-colored outfit designed by a cuban american designer actually, isabelle toledo. was that a good choice do you think? is that a good dress for her? >> you know, it was funny because a lot of people had a lot to say about there particular outfit. you know, it was her first term as first lady, as well. and you're out making a statement. now, it was both conservative, yet the color was a little different. you know, it's not necessarily everybody's cup of tea. but the point is, she liked it. and i think that was the statement there, that she was saying, i'm going to be wearing what i like to wear. what i'm comfortable in. and that's what it's about. fashion i
and -- but the economy, we've had a tough four years. and she's known for wearing her fashions over and over again. i wonder whether she'll make a fashion statement and wear a dress she's already worn. >> now that would be a big statement because she certainly hasn't been afraid to do that before. >> exactly. >> let me ask you about something from back from 2008. she wore this lemongrass-colored outfit designed by a cuban american designer actually, isabelle toledo. was that a...
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what is a drag on the economy is the spending. that is what is hurting hard-working taxpayer right now. and so we need him to join us in this effort. >> at the end of the day, this is going to be a question about public opinion. what makes you think talking about not raising the debt ceiling or shutting down the government, what have you, is a winner in the court of public opinion? >> well, again, we don't want to shut down the government, but in the court of public opinion, people also know that the federal government and the out of control spending is unsustainable. and large majorities of the american people want us to cut spending, to start making the tough decisions, to balance our budgets, start living within our means. the american people, in their own families, they understand that you have to do that. you have to make the tough decisions. you have to get your budget, you've got to put it in order. and they expect their elected officials and their leaders to do likewise. and that's what needs to happen over the next few we
what is a drag on the economy is the spending. that is what is hurting hard-working taxpayer right now. and so we need him to join us in this effort. >> at the end of the day, this is going to be a question about public opinion. what makes you think talking about not raising the debt ceiling or shutting down the government, what have you, is a winner in the court of public opinion? >> well, again, we don't want to shut down the government, but in the court of public opinion, people...